Eyes wide shut
Category: Asia, China, Hong Kong, Global
By Jeremy Lam*
The known knowns, known unknowns and unknown unknowns of mutual recognition
It is widely believed that the regulatory guidelines implementing the mutual recognition initiative between Hong Kong and China will be issued on an auspicious date. Originally anticipated to be last Christmas and then Chinese New Year, yet another auspicious occasion has slipped by (namely the July 1 anniversary of Hong Kong’s return to China) leaving the fund industry to ponder what the future may hold
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